City of Lamar Sales Tax Revenue Report—March 2020

Russ Baldwin | May 12, 2020 | Comments 0

The City of Lamar Sales Tax Revenue report for March revenues, collected in April, 2020, indicate a continued climb. City Sales Tax revenue was up 15.24% for a gain of $43,932.13 comparing 2020 to 2019. Use Tax and Other collections were off 43.24% and 77.99% respectively, while Total Sales and Use Tax collections were also up 9.50% for a gain of $30,243.74 for this same time last year.

Year-to-Date revenues since January show City Sales Tax up 7.26% for a gain of $83.674.30, putting 2020 at $1,236,283.01 against 2019 collections at $1,152,608.71. Total Sales and Use Tax collections, year-to-date also increased by 6.51% for an increase of $81,900.94. Total collections for 2020 are $1,339,871.85 compared to 2019 figures of $1,257,970.94.

The twelve retail sales categories show revenue collections since January are up for Apparel and Department Stores, Groceries, Manufacturing, Other Retail and Restaurants, while a drop was indicated for All Business/Electricity.

	2018	2019	2020
Auto Parts-Vehicle Repair	50,980	48,420	48,101
Building Materials	75,152	37,657	40,363
Apparel-Department Stores	384,452	386,262	417,816
C Stores & Gas Sales	74,780	59,12	60,244
All Business/Electricity	120,762	72,815	68,788
Furniture-Appliances-Electronic	8,106	8,653	7,991
Grocery Stores	88,925	87,426	102,832
Hotels-Motels	44,764	40,267	43,226
Liquor Sales	35,909	32,863	35,670
Manufacturing	3,878	5,570	11,161
Other Retail-All Other	367,387	314,998	334,247
Restaurants	111,655	16,413	122,215